through small businesses that we're able to make the investments that are necessary in indication our energy. host: president obama wednesday night at the first debate. alan viard. guest: there are a few things i would take issue with. the bush tax cut to expire for the high income levels and we would be going back to the rate prevailed under president clinton. that is not quite right. there will be a new tax called the unearned medicare income tax will impose an extra 3.8% on interest, dividends, and capital gains. that will be 3.8% higher than clinton tax rates. there will also be a medicare tax will increase. i think that 18 numbers right for cutting taxes on small businesses. republicans have made a tactical mistake when they tried to market this on the ground that they are for small business. the goal of the tax cut is to remove distortions in the economy, but when you focus on its specifically being for small business, you leave yourself completely open to the response that they have made. if your goal is to cut taxes, a dog specific, targeted tax cuts for small business. that is what